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zzz [600]
3 years ago
11

If A sells to B, and B obtains title while goods are in transit, the goods were shipped .If C sells to D, and C maintains title

until the goods arrive at D’s door then the goods were shipped _______. a. FOB shipping point, FOB destination.b. FOB destination, FOB shipping point.c. FOB destination, FOB destination.d. FOB shipping point, FOB shipping point.
Business
1 answer:
astraxan [27]3 years ago
4 0

Answer:

The answer is a. Free on Board (FOB) shipping point, Free on Board (FOB) destination.

Explanation:

In the case of A to B, the goods were shipped at FOB shipping point because the title passes to B while the goods are in transit. FOB shipping point means that the seller of a goods passes the title to the buyer at the point where the goods are being delivered to the designated carrier of the buyer.

In FOB shipping point, once the goods have transferred to the carrier to convey to the buyer, the buyer obtains title immediately not minding that the goods are yet to arrive at the buyer`s door. In addition, any risk of damage or loss of goods in transit are solely borne by the buyer because title has passed immediately seller transfers the goods to the carrier designated by the buyer.  This is true in A to B case because B obtains title while goods are in transit. So the goods were shipped at FOB shipping point.

For C to D, the goods were shipped at FOB destination because buyer obtains title only when the goods arrive at his/her door. Conversely yo FOB shipping point, the risk of damage and loss of goods in transit is entirely borne by the seller because the title has not passed to the buyer until the goods arrive at the buyer`s door.

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The Doright Door Company is considering outsourcing production of its door to Mexico. Use the weighted scoring method to evaluat
Gekata [30.6K]

Answer:

(A) Mexican supplier cost = $445,800 or $89.16 average cost.

In-house cost = $714,000 or $142.8

(B) Mexican supplier total weighted score = 0.265 or 22.43%

In-house supplier weighted score= 0.238 or 23.8%

(C) Yes, explaination below

Explanation:

Mexican Supplier cost breakdown:

Quota price $83 X 5000 = $415, 000

Transport cost

1. to transport 5000 doors would require making a total of 20 trips from Mexico to USA (5000/250 doors)

2. at a cost of $825 per trip, total cost to transport doors is = $16,500.

Sending Engineers costs and Negotiation cost =

$5000 + $1000

(Transport+Sending Engineers cost) =

$22,500

Inventory carrying cost= 20% of cost of storing the goods. (total of all other cost) 20% x 22500 = $8300

Total cost = $445,800 or $89.16 average cost.

Total weighted score average:

Using the formula;

Weight= score x rating

Score = Weight/rating (making score subject of the formula)

Mexican Weighted

score1= 16%/3 = 0.0533, + 0.12 score2, + 0.035 + score3, + 0.056 + score4. = 0.265.

American weighted score

Using same formula;

0.04 score1, + 0.15 score2, + 0.014 score3, + 0.034 score 4 = 0.238.

The company should outsource the product. Why? because it will reduce total cost of doors, making them cheaper for if they do so, resulting in higher profit.

6 0
3 years ago
A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500 of the shares at $20. What
skad [1K]

Answer:

$0

Explanation:

The amount of revenue realized from the sale=

(number of shares purchase × cost) - (number of shares sold ×cost)

(1000×10) - (500×20)

= $(10000 - 10000)

= $0

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3 years ago
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
alina1380 [7]

Answer:

Explanation:

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.

a. Cash used for purchase of office supplies, $2,300.

b. Cash provided from consulting to customers, $49,600.

c. Cash used for purchase of mining equipment, $81,000.

d. Cash provided from long-term borrowing, $68,000.

e. Cash used for payment of employee salaries, $24,800.

f. Cash used for payment of office rent, $12,800.

g. Cash provided from sale of equipment purchased in c. above, $23,300.

h. Cash used to repay a portion of the long-term borrowing in d. above, $44,000.

i. Cash used to pay office utilities, $5,100.

j. Purchase of company vehicle, paying $10,800 cash.

Required:

Calculate cash flows from operating activities.

Answer:

 

Explanation:

 

d. Ca

.v]l\[lf[p]f\fr;f7f,c7v;,v  ],\],t\],\,  [t b[' l] ] l,m 5 eg;l, t tp;l,t b2  

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The demand curve facing a perfectly competitive firm is:
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Answer:

A horizontal line at the market price

Explanation:

it's means that the price it receive is the same for every unit sold

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When the CEO and senior management of a books, music, and games distributor systematically evaluate the company’s internal and e
dybincka [34]

Answer:

PEST and SWOT

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